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In September 2016 Avianca Holdings and its subsidiaries carried more than 2.4 million passengers

In September 2016 Avianca Holdings and its subsidiaries carried more than 2.4 million passengers

In September 2016, Avianca Holdings and its subsidiaries carried 2,419,235 passengers, a 5.2% increase over the same period in 2015

Bogota, October 20, 2016. In September, the subsidiary companies of Avianca Holdings S.A. (NYSE: AVH) (BVC: PFAVH) (*) transported 2,419,235 passengers, an increase of 5.2% compared to September 2015. Capacity, measured in ASKs (available seat kilometers), increased 3.0%, while passenger traffic, measured in RPKs (revenue passenger kilometers), increased 8.1%. The load factor for the month was 81.9%, an increase of 380 bps compared to the same period of 2015.

Domestic markets in Colombia, Peru and Ecuador In September, the subsidiary airlines of Avianca Holdings transported within each of these markets a total of 1,451,213 travelers, an increase of 3.9% compared to September 2015. Capacity (ASKs) increased 2.2% while passenger traffic (RPKs) increased 4.0%. The load factor for the month was 78.8%, an increase of 140 bps compared to the same period of 2015.

International markets In September, the affiliated airlines of Avianca Holdings transported 968,022 passengers on international routes, up 7.2% compared to September 2015, Capacity (ASKs) increased 3.2%, while passenger traffic (RPKs) increased 9.3%. The load factor for the month was 82.8%, an increase of 460 bps when compared to the same period of 2015.

Operational Statistics

Sep-16

Sep-15

Δ YOY

3Q 2016

3Q 2015

Δ YOY

YTD 2016

YTD 2015

Δ YOY

Avianca Holdings (Consolidated)

PAX (K)1

2,419

2,300

5.2%

7,609

7,373

3.2%

21,814

20,989

3.9%

ASK (mm)2

3,849

3,736

3.0%

11,973

11,618

3.1%

35,052

32,947

6.4%

RPK (mm)3

3,154

2,917

8.1%

9,997

9,441

5.9%

5.9%

26,262

7.0%

Load Factor4

81.9%

78.1%

3.8pp

83.5%

81.3%

2.2pp

80.2%

79.7%

0.5pp

Domestic Market

PAX (K)1

1,451

1,397

3.9%

4,517

4,427

2.0%

13,120

12,662

3.6%

ASK (mm)2

816

799

2.2%

2,485

2,462

0.9%

7,450

7,297

2.1%

RPK (mm)3

644

619

4.0%

2,016

1,965

2.6%

5,842

5,585

4.6%

Load Factor4

78.8%

77.4%

1.4pp

81.1%

79.8%

1.3pp

78.4%

76.5%

1.9pp

International Market

PAX (K)1

968

903

7.2%

3,092

2,946

4.9%

8,694

8,327

4.4%

ASK (mm)2

3,032

2,937

3.2%

9,487

9,156

3.6%

27,602

25,649

7.6%

RPK (mm)3

2,510

2,298

9.3%

7,981

7,477

6.7%

22,253

20,677

7.6%

Load Factor4

82.8%

78.2%

4.6pp

84.1%

81.7%

2.4pp

80.6%

80.6%

0.0pp

1PAX: Passengers carried
2ASKs: Available Seat Kilometers
3RPKs: Revenue Passenger Kilometers
4 Load Factor:Represents utilized seating capacity
The terms "Avianca Holdings" or "the Company" refer to the consolidated entity The original source-language text of this announcement is the official, authoritative version, Translations are provided as an accommodation only, and should be cross-referenced with the source-language text, which is the only version of the text intended to have legal effect,

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